Oct 3, 2012 - GMA, Stock Analysis    No Comments

GMA7 breaking supports

Earlier today we thought GMA7 will have a technical rebound but instead it falls down big time breaking the support from the slope and the 38.2% Fibonacci Retracement level. RSI is now very low at 21. What is the reason of the sell off? When stocks go down deep like this, its is a good chance for us to pick a good price. Monitor price movement.

Caveat!

Got anything to say? Go ahead and leave a comment!

You must be logged in to post a comment.